Asana, Inc. (ASAN)
NYSE:ASAN
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ASAN Stock Chart & Stats
$5.84
-$0.99(-4.84%)
At close: 4:00 PM EST
$5.84
-$0.99(-4.84%)
Day’s Range― - ―
52-Week Range$5.38 - $15.71
Previous CloseN/A
Volume1.06M
Average Volume (3M)6.49M
Market Cap
$1.60B
Enterprise Value$1.74B
Total Cash (Recent Filing)$424.64M
Total Debt (Recent Filing)$248.24M
Price to Earnings (P/E)―
Beta1.38
Next Earnings
Sep 09, 2026EPS Estimate
0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.69
Shares Outstanding160,969,540
10 Day Avg. Volume5,108,777
30 Day Avg. Volume6,490,641
Financial Highlights & Ratios
PEG Ratio0.46
Price to Book (P/B)15.75
Price to Sales (P/S)3.07
P/FCF Ratio28.04
Enterprise Value/Market Cap1.09
Enterprise Value/Revenue2.15
Enterprise Value/Gross Profit2.43
Enterprise Value/Ebitda-13.46
Forecast
1Y Price Target
$9.00Price Target Upside54.11% Upside
Rating ConsensusHold
Number of Analyst Covering7
EPS Forecast (FY)0.37
Revenue Forecast (FY)$854.30M
Bulls Say, Bears Say
Bulls Say
High Gross Margins (~89%)Consistently ~89% gross margin delivers durable SaaS unit economics, allowing Asana to fund R&D, AI investments and go-to-market without sacrificing incremental profitability. High gross margins improve long-term operating leverage as revenue scales toward sustained profit.
Improved Cash Generation / Positive FCFTTM operating and free cash flow have inflected to solidly positive (Q1 adjusted FCF $34.4M, 17% of revenue), indicating internal funding for operations, product investment, and M&A. Strong FCF reduces refinancing risk and supports durable capital allocation flexibility.
AI Traction And Stack.ai AcquisitionStack.ai buy and outsized AI bookings accelerate Asana’s AI roadmap materially, creating new automation and productivity features that increase product differentiation and customer stickiness. Structural AI adoption can drive durable expansion revenue and competitive moat over time.
Bears Say
Weakened Balance Sheet / Higher LeverageLeverage rose meaningfully as equity declined, shrinking the balance-sheet cushion. Higher debt-to-equity reduces financial flexibility, raises refinancing and interest risks, and limits ability to pursue large investments or absorb shocks without dilutive or costly financing actions.
Net Revenue Retention Below 100%NRR at ~96–97% remains below the 100%+ threshold for self-sustaining expansion, indicating customers on average are not increasing spend. Persistent sub-100 NRR forces reliance on net-new logos and higher sales investment to drive ARR growth, pressuring long-term margin scalability.
Product-led Growth (PLG) HeadwindManagement expects PLG/self-service shifts to subtract ~2 points of ARR growth, a structural change that can reduce discovery-driven expansion, raise customer acquisition cost per dollar of ARR, and necessitate greater sales and marketing investment to sustain durable top-line momentum.
Asana News
ASAN FAQ
What was Asana, Inc.’s price range in the past 12 months?
Asana, Inc. lowest stock price was $5.38 and its highest was $15.71 in the past 12 months.
What is Asana, Inc.’s market cap?
Asana, Inc.’s market cap is $1.60B.
When is Asana, Inc.’s upcoming earnings report date?
Asana, Inc.’s upcoming earnings report date is Sep 09, 2026 which is in 80 days.
How were Asana, Inc.’s earnings last quarter?
Asana, Inc. released its earnings results on May 28, 2026. The company reported $0.1 earnings per share for the quarter, beating the consensus estimate of $0.075 by $0.025.
Is Asana, Inc. overvalued?
According to Wall Street analysts Asana, Inc.’s price is currently Undervalued.
Does Asana, Inc. pay dividends?
Asana, Inc. does not currently pay dividends.
What is Asana, Inc.’s EPS estimate?
Asana, Inc.’s EPS estimate is 0.09.
How many shares outstanding does Asana, Inc. have?
Asana, Inc. has 160,969,540 shares outstanding.
What happened to Asana, Inc.’s price movement after its last earnings report?
Asana, Inc. reported an EPS of $0.1 in its last earnings report, beating expectations of $0.075. Following the earnings report the stock price went up 15.616%.
Which hedge fund is a major shareholder of Asana, Inc.?
Currently, no hedge funds are holding shares in ASAN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Asana Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$9.00 (54.11% Upside)
$9.00 (54.11% Upside)
Blogger Sentiment
Neutral
ASAN Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 87.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $293.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 9.8%
Last 30 Days ▲ 9.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-47.93%
12-Months-Change
Fundamentals
Return on Equity
-92.84%
Trailing 12-Months
Asset Growth
-8.17%
Trailing 12-Months
Company Description
Asana, Inc.
Asana, Inc., alongside its subsidiaries, offers a comprehensive work management platform designed for individual contributors, team leaders, and top executives across the United States and globally. This platform empowers teams to coordinate diverse types of work, from routine daily tasks to complex, company-wide strategic initiatives. It facilitates the management of various projects, including new product rollouts, marketing campaigns, and the establishment of organizational goals. Asana serves a wide array of clients in sectors such as technology, retail, education, non-profit organizations, government, healthcare, media, and financial services. The company was founded in 2008 as Smiley Abstractions, Inc., and officially changed its name to Asana, Inc. in July 2009. Its corporate headquarters are situated in San Francisco, California.
ASAN Company Deck
ASAN Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple clear operational and product momentum signals — above-guidance revenue, expanding profitability, improving retention trends, strong AI product adoption, and a strategic acquisition (Stack.ai) that accelerates the AI roadmap. At the same time, management flagged several near-term headwinds (PLG drag, cautious guidance that does not fully assume tech vertical recovery, acquisition margin impact, and SBComp/dilution). On balance the positives (revenue/profit beat, improving NRR trend, AI traction, cash/RPO growth, and strategic M&A) outweigh the lowlights, but the company remains in an early phase of AI monetization with some conservatism reflected in guidance.View all ASAN earnings summariesASAN Revenue Breakdown
61.00% U.S.
39.00% International
ASAN Stock 12 Month Forecast
Average Price Target
$9.00
▲(54.11% Upside)
Technical Analysis
Ownership Overview
44.68% Insiders
10.78% Mutual Funds
7.22% Other Institutional Investors
24.53% Public Companies and
Individual Investors